April 2016
Price Situation in the Cordillera
Consumer Price Index (CPI)
The Consumer Price Index (CPI) refers to the general measure of the change in the
average retail prices of a market basket or collection of goods and services commonly
purchased by the average Filipino household.
The Consumer Price Index of CAR in March 2016 was 140.9. This is higher by 2.4 index
points from last year’s 138.5.
In general, CPI increased in all the provinces reflecting the increase in the average prices
of goods and services.
Table 1. Consumer Price Index by Province, CAR:
April 2015 and April 2016
(2006=100)
Province
April
Index Point
Change
2015
2016
CAR
138.5
140.9
2.4
Abra
130.1
133.1
3.0
Apayao
130.0
131.4
1.4
Benguet
141.5
142.4
0.9
Ifugao
141.1
145.8
4.7
Kalinga
132.8
136.1
3.3
Mt. Province
143.3
150.2
6.9
Among the CAR provinces, Mountain Province posted the highest CPI at 150.2, followed
by Ifugao at 145.8 and Benguet at 142.4. Apayao had the lowest CPI at 131.4.
In terms of index point change, Mountain Province posted the highest increase at 6.9,
but had inched lower by 1.1 index points when compared to last month’s 8.0 index point
change. Benguet had experienced the lowest at 0.9 as compared to the same period in
2015.
PHILIPPINE STATISTICS AUTHORITY - CORDILLERA ADMINISTRATIVE REGION
Volume XVI No.IV
CPI Special Release page 2
CPI by Commodity Groups
Among the commodity groups, alcoholic beverages and tobacco registered the highest
CPI in the region at 199.7. Among the provinces, Apayao was the highest with 220.4
followed by Abra and Kalinga at 206.8, and 203.2 index points, respectively.
Education came in second at 159.9 index points. Mt. Province incurred the highest
index for the month at 228.8 among the CAR provinces.
Food and non-alcoholic beverages were at 143.5 index points with Mt. Province
experiencing the highest at 159.1, followed by Benguet at 158.9.
Communication had the lowest CPI among the commodity groups in the region with
Abra having the highest index at 111.4; while Apayao had the lowest at 77.7 index
points.
Across provinces, Apayao posted the lowest index for all items.
Table 2. Consumer Price Index by Commodity Group and by Province,
CAR: April 2016
(2006=100)
Commodity Group
Province
CAR
Abra
Apayao
Benguet
Ifugao
Kalinga
Mt.
Province
All Items
140.9
133.1
131.4
142.4
145.8
136.1
150.2
Food and Non-Alcoholic
Beverages
143.5
141.8
148.7
158.9
152.3
145.2
159.1
Alcoholic Beverages &
Tobacco
199.7
206.8
220.4
202.5
177.7
203.2
180.3
Clothing and Footwear
131.4
146.9
117.6
126.2
146.6
122.3
144.7
Housing, Water, Electricity,
Gas and Other Fuels
130.9
113.8
101.5
142.0
140.2
109.4
129.1
Furnishing, Household
Equipment and Routine
Maintenance of the House
129.4
123.6
114.3
133.6
117.7
136.3
135.0
Health
131.2
123.1
110.6
137.5
114.9
126.2
132.8
Transport
129.1
147.8
113.8
126.8
130.5
146.3
121.0
Communication
83.1
111.4
77.7
79.8
101.0
78.7
87.3
Recreation and Culture
108.1
108.6
116.0
105.3
105.1
114.6
112.6
Education
159.9
146.0
140.9
146.9
170.7
164.6
228.8
Restaurants
and Miscellaneous Goods
and Services
129.5
119.4
133.0
124.9
148.0
133.4
150.1
page 3
CPI Special Release
By index point change, alcoholic beverages & tobacco recorded the highest change at
12.6 points. This was followed by education at 12.5 points, clothing & footwear at 2.9
points, and restaurant at 2.9 points.
Minimal annual increases in the index points were reported among the rest of the
commodity groups. Meanwhile, Food & Alcoholic Beverages, Housing, Water,
Electricity, Gas & Other Fuels, and Transport decreased by 7.1, 0.2 and 0.5 points,
respectively.
Note:
1
includes Household Equipment and Routine Maintenance of the House
2
includes Miscellaneous Goods and Services
Inflation Rate
The overall change in the prices of goods and services in April 2016 in the region was
at 1.7 percent. This is lower by 0.7 percentage points from April 2015 at 2.4 percent.
Mt. Province posted the highest inflation rate at 4.8 percent, an increase of 2.1
percentage points from last year’s 2.7 percent. This is followed by Ifugao, Kalinga and
Abra with 3.3, 2.5 and 2.3 percent, respectively.
As compared last year, the rates of price decreased in Apayao, and Benguet.
Figure 1. Year-on-Year Consumer Price Index by Commodity Group,
CAR: April 2015 and April 2016
(2006=100)
138.5
150.6
187.1
128.5
131.1
127.5
129.4
129.6
83.1
107.3
147.4
126.6
140.9
143.5
199.7
131.4
130.9
129.4
131.2
129.1
83.1
108.1
159.9
129.5
0
50
100
150
200
250
All Items
Food & Non-
Alcoholic Beverages
Alcoholic Beverages
& Tobacco
Clothing &
Footwear
Housing,
Water,Elec., Gas &
Other Fuels
Furnishings1
Health
Transport
Communication
Recreation and
Culture
Education
Restaurant2
April 2015 April 2016
2.4
2.9
1.8
-0.5
0.0
0.8
12.5
2.9
-0.2
1.9
-7.1
12.6
page 4
CPI Special Release
By Commodity Group, Month-on-Month
The year-on-year growth of the heavily-weighted food and non-alcoholic beverages
index by commodity groups in CAR decelerated to 1.9 percent compared to 2.9 during
the previous month.
Inflation in education remained the highest in the region with 8.5 percent, followed by
alcoholic beverages and tobacco with 6.7 percent.
For the transport commodity group which posted a positive rate last month, decelerated
to -0.4 percent. Housing, water, electricity, gas and other fuels on the other hand
remained to incur negative rates at -0.2 percent.
Table 3. Year-on-Year Inflation Rates by Commodity Groups, CAR:
April and March 2016 (2006 = 100)
Commodity Group
Inflation Rates
April
March
All Items
1.7
2.0
Food and Non-Alcoholic Beverages
1.9
2.9
Alcoholic Beverages & Tobacco
6.7
6.1
Clothing and Footwear
2.3
1.9
Housing, Water, Electricity, Gas and Other Fuels
-0.2
-0.8
Furnishing, Household Equipment
& Routine Maintenance of the House
1.5
1.6
Health
1.4
1.3
Transport
-0.4
0.2
Communication
0.0
0.0
Recreation and Culture
0.7
0.7
Education
8.5
8.5
Restaurants and Miscellaneous Goods and Services
2.3
2.3
Figure 2. Year-on-Year Inflation Rates by Province, CAR:
April 2015 and April 2016
(2006=100)
2.4
0.4
1.7
4.0
0.1
0.3
2.7
1.7
2.3
1.1
0.6
3.3
2.5
4.8
0
1
2
3
4
5
6
CAR Abra Apayao Benguet Ifugao Kalinga Mt.
Province
April 2015 April, 2016
page 5
CPI Special Release
By Food Items, Year-on-Year
In general, the year-on-year inflation rates modestly accelerated for all food items.
Corn and Fish continued to gain the highest price increases in April 2016 at 7.8 and
7.2 percent.
Fruits and Food Products, NEC on the other hand switched a negative inflation rate at
-0.7 and -2.0 percent, respectively.
The low prices of meat contributed to continued negative annual inflation rate of the
commodity.
Table 4. Year-on-Year Inflation Rates of Selected Food Items, CAR:
April and March 2016 and 2015
(2006 = 100)
*Includes flour, cereal preparation, bread, pasta and other bakery products
Purchasing Power of the Peso (PPP)
The value of the peso in CAR dropped to 71 centavos from last year’s 72 centavos.
This means that the market value of goods and services worth 71 centavos in April
2006 were bought at one peso in April 2016.
When compared to April 2015, the PPP of all the provinces decreased.
Apayao had the highest peso value at 76 centavos followed by Abra at 75 centavos,
and Kalinga at 73 centavos. Meanwhile, Mountain Province had the lowest peso value
at 67 centavos.
Food Items
2016
2015
Inflation Rates
April
March
April
March
Current
Previous
Bread and Cereals
153.4
153.2
151.0
150.9
1.6
1.5
Rice
149.9
149.7
146.9
146.7
2.0
2.0
Corn
169.3
169.4
157.1
156.9
7.8
8.0
Other Cereals*
164.8
164.6
165.1
165.1
-0.2
-0.3
Meat
132.7
133.3
133.7
134.1
-0.7
-0.6
Fish
174.6
175.4
162.9
162.6
7.2
7.9
Milk, Cheese and Eggs
136.8
136.7
134.2
134.0
1.9
2.0
Oils and Fats
180.4
180.1
178.9
178.4
0.8
1.0
Fruits
189.5
196.5
190.9
190.1
-0.7
3.4
Vegetables
166.5
171.6
160.1
158.0
4.0
8.6
Sugar, Jam, Honey,
Chocolate &
Confectionery
137.4
136.5
132.8
132.8
3.5
2.8
Food Products, N.E.C.
167.9
170.9
171.3
169.8
-2.0
0.6
page 6
CPI Special Release
Consumer Price Index (CPI) is a general measure of the change in the average retail prices of a market basket
or collection of goods and services commonly purchased by the average Filipino household.
Inflation Rate (IR) is the rate of change in the average price level between two periods (year-on year/month-on-
month as measured by the CPI).
Purchasing Power of the Peso (PPP) measures how much the peso in the reference year is worth in another
year.
Base Year (BY) is the reference point of the index number series, at which the index number is set to zero.
Market Basket (MB) is a sample of goods and services used to represent all goods and services produced or
bought.
For more information, please contact:
Mail: PSA - CAR, Regional Office
141 Abanao Extension, Baguio City
Tel. Nos.: (074) 442-7449
Telefax No.: (074) 443-7763
Email: socd_psacar@yahoo.com
psacordillera@yahoo.com.ph
Technical Notes
Figure 3. Purchasing Power of the Peso by Province,
CAR: April 2015 and April 2016
(2006=100)
0.72
0.77 0.77
0.71 0.71
0.75
0.70
0.71
0.75
0.76
0.70
0.69
0.73
0.67
0.62
0.64
0.66
0.68
0.7
0.72
0.74
0.76
0.78
CAR Abra Apayao Benguet Ifugao Kalinga Mt.
Province
April 2015 April 2016